Sardinia Luxury Tax on Mediterranean Yacht Charter Vessels Abolished
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She is just one of the luxury motor yachts available for your Croatia Yacht Charter vacation this year.
At 53.85 meters (176’ 8”), this is one of the largest yachts cruising the Mediterranean. For instance, she can accommodate up to 12 charter guests in her six spacious, luxurious cabins.
The interior of this motoryacht is decorated with luxurious soft furnishings. For the technologically-inclined, she also features state-of-the-art electronic equipment.
The yacht has a huge deck, It features an adjacent Jacuzzi hot tub that can comfortably accommodate six. There is also ample space for sunbathing. Additionally, a gym area and al fresco dining area are on the deck. Finally, there is a spacious sheltered lounge area as well.
Did someone say toys? Basically, Leo Fun has a huge variety of water toys available for water sports enthusiasts on charter.
Leo Fun was selected as a finalist for Boat International’s World Superyacht Awards 2010.
This entry was posted in Yacht Charter Yacht of the Week and tagged Mediterranean yacht charter, Leo Fun, award-winning, watersports toys, Jacuzzi, World Superyacht Awards, yacht charter croatia, yacht charter med, gym, largest yachts
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Today’s blog involves the end of the France VAT exemption. Back in February, we speculated the cost to rent a private yacht in the fabled south of France was about to go up, due to a ruling by the European Union the VAT exemption on chartering yachts in France was not compliant with EU VAT rules. Now, France’s efforts to seek a VAT exemption have failed, as the European Court of Justice has ruled the French tax exemption for commercial vessels is illegal.
On March 21, the European Court of Justice (in European Commission v. France; C-197/12) had a belief. It held that French legislation providing a VAT exemption for some commercial vessels used for navigation on the high seas. Specifically that carry passengers for remuneration or are used for commercial activities. “…does not comply with Directive 2006/112/EC (the VAT directive), specifically with article 148(a), (c), and (d).
“ The approach of the summer charter season is at hand. Yacht managers and owners are scrambling. In specific, to make sure all paperwork is in compliance with the ECJ’s ruling.”
This entry was posted in Yacht Charter Destinations News Educational and tagged yacht charter France, Mediterranean yacht charter, VAT, what is VAT, European Court of Justice, yacht charter med, where do they charge VAT, end of france vat exemption
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